European Union

UEOn 2011, the Principality of Andorra signed the monetary agreement with the European Union. With the adoption of this agreement, Andorra has committed to implementing specific European legal disposition in its national law. Regulations and Directives in the matter of anti-money laundering and counter terrorism financing have been implemented, amongst others, through their transposition in the national legislation.

Additionally, the UIFAND publishes the list of high risk third countries in terms of money laundering and terrorism financing, which is regularly updated by the European Union, via Technical Communiqués that are mandatory for reporting entities.

For more information

Technical Communiqué CT-8/2018

Regulation on information accompanying transfers of funds

4th AMLD

Regulation on controls of cash entering or leaving the Community